Advanced Petrochemicals forms polypropylene plant JV in Turkey

4:13 AM, 3rd May 2012

JUBAIL, SAUDI ARABIA: Advanced Petrochemical Company will be setting up a polypropylene joint venture, with a Turkish company, in Turkey. The plant is expected to be commissioned by end of 2015. The new plant creates an enormous opportunity for the employees to gain exposure and experience in the international arena. This international venture is one of the growth plans that the company is studying and implementing in the near future in bringing the company to the next level.

Khalifa Bin Abdullatif Al-Mulhim, Chairman, Advanced Petrochemicals declared that for more than two years, the executive management of the company is evaluating and studying all feasible opportunities in the field of basic petrochemicals and manufacturing including expansions, and that two of these projects are now in final stages of the feasibility study and will be announced shortly after obtaining the approval from board of directors.

0 Comments

Your Comments (Up to 2000 characters)

Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Submit

WIESBADEN, GERMANY: SE-Tylose, a wholly owned subsidiary of Shin-Etsu Chemical Ltd, has decided to establish a manufacturing plant for hydroxyethyl ce ...

Foster Wheeler gets aromatics complex contract in Abu Dhabi

ZUG, SWITZERLAND: Foster Wheeler’s Global Engineering and Construction subsidiary has been awarded a contract by Abu Dhabi National Chemicals Co ...

UOP to provide hydrogen purification technology to Sinochem

DES PLAINES, US: UOP LLC, a Honeywell company, has been selected by Sinochem to provide technology to purify hydrogen at a new refinery in China. Sino ...

Evonik sells colourants business to Arsenal Capital Partners

ESSEN, GERMANY: Evonik Industries has successfully concluded the sale of the global colourants business. The transaction was closed on 30 April 2012. ...

DuPont acquires 100 per cent stake in Solae

DELAWARE, US: DuPont assumes full ownership of Solae effective from 1 May 2012. DuPont previously owned 72 per cent of the joint venture while Bunge o ...

Shaw bags Chevron Phillips’ ethylene plant contract in Texas

BATON ROUGE, US: The Shaw Group has executed an agreement with Chevron Phillips Chemical Company to proceed with front-end engineering design (FEED) f ...